Biden Launches a Political Action Committee

Former Vice President Joe Biden “is planning to create a political action committee, the most concrete sign yet that he intends to remain active in the Democratic Party and is considering a presidential bid in 2020,” the New York Times reports.

“The American Possibilities PAC will offer the former vice president a platform he can use to nurture relationships with donors, travel on behalf of the party and contribute to candidates in the two governor’s races in November and in next year’s midterm elections… By creating a political organization, Mr. Biden, 74, is also sending an unmistakable message to the many other Democrats eyeing the White House that he is not planning to quietly recede into retirement.”